Ana Maria de Alba
Co-Founder & Chief Product Strategy
RiskRator
RiskRator provides a dynamic, expert-guided platform for entity-wide AML/CFT and sanctions risk assessment. This transaction-driven solution automates manual processes, delivering results 50% faster and more accurately than traditional spreadsheet methods. The platform adheres to FFIEC, Basel, and FATF-GAFI standards, enabling institutions to proactively model control impacts and manage evolving compliance risks.
- Artificial Intelligence
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Funding rounds are not available yet.
Founders
Product
Problem
Financial institutions face increasing pressure to comply with Anti-Money Laundering (AML), Counter-Terrorist Financing (CFT), and sanctions regulations, requiring comprehensive and accurate risk assessments. Traditional risk assessment methods, often relying on spreadsheets and manual processes, are time-consuming, prone to errors, and struggle to adapt to evolving risk landscapes. This can lead to inaccurate risk profiles, potential regulatory scrutiny, and increased exposure to financial crime.
Solution
RiskRator provides an automated, entity-wide AML/CFT and sanctions risk assessment platform that integrates an organization's transaction data to enable real-time modeling of risk exposure. The platform allows users to model the impact of adding or eliminating controls, products, or services, and to run risk assessments on an as-needed basis. By incorporating an organization's entire transaction base, RiskRator delivers assessments that are significantly faster and more accurate than traditional methods. The platform is guided by compliance experts and tailored to each organization’s unique risk profile, ensuring alignment with regulatory expectations and industry best practices.
Target Audience
RiskRator is designed for financial institutions, including banks, credit unions, insurance companies, and money service businesses (MSBs), that need to conduct comprehensive AML/CFT and sanctions risk assessments.
Features
- Automated data integration from an organization's entire transaction base
- Real-time risk modeling to assess the impact of changes in controls, products, or services
- Dynamic charts, graphs, and metrics for on-demand risk assessment reporting
- "What-if" analysis to measure the impact of potential changes to the risk profile
- Support for all aspects of the risk assessment process, including data validation and final report generation
- Adherence to FFIEC examination guidance, Basel & FATF-GAFI standards, and ISO & COSO guidelines
- Business intelligence tools for enhanced risk analysis and reporting